Interest rates on 30-year mortgages have started climbing.

Drew Dalzell, president of Diablo Sound in Los Angeles, took on half a million dollars in debt to keep his business afloat and staff working.

A recent FDIC report found that community bank profits rose last quarter, thanks to fee income from PPP loans and mortgage refinancing.

The report found that bank lending volume fell in the most recent quarter, driven by decreases in commercial and industrial lending.

The costs for Black borrowers to pursue a college have been growing exponentially.

The law is meant to demand that when banks take deposits from a particular area, they also make loans there.

Lenders will not have to verify whether borrowers have the ability to pay back high-interest loans

The arrangement would allow minority-owned lenders to take PPP loans off of their balance sheets.

The loans, to support American households, businesses and local governments, is part of the Main Street Lending Program authorized by the economic relief law.

It’s a wonky subject, but important. Arcades, power grids and plumbing systems also help make sense of it.